PIERER Mobility AG: Capital increase of EUR 895 million successfully completed

DGAP-News: PIERER Mobility AG / Key word(s): Capital Increase
22.10.2021 / 07:00
The issuer is solely responsible for the content of this announcement.

Corporate News

22 October 2021

PIERER Mobility AG: Capital increase of EUR 895 million successfully completed

  • Shareholding in KTM AG increased to 98.2 percent


The capital increase against contributions in kind in the amount of EUR 895 million was successfully completed and registered in the commercial register today, 22 October 2021. As announced in the ad-hoc release of 29 September 2021, the listed company PIERER Mobility AG has issued 11,257,861 new shares by means of a capital increase against contribution in kind. Only PTW Holding AG was admitted to subscribe, who in return contributed its 46.5% stake in KTM AG to PIERER Mobility AG as a contribution in kind. As a result of the transaction, the direct shareholding of PIERER Mobility AG in the operating KTM AG increased from approximately 51.7% to approximately 98.2%.

The share capital of PIERER Mobility AG increased by EUR 11,257,861 from EUR 22,538,674 to EUR 33,796,535.


Legal Disclaimer
THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN /INVITATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION OF SECURITIES OF PIERER MOBILITY AG. THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Contact:
Investor Relations
Mag. Michaela Friepeß
Tel.: +43 (0)7242 / 69402
Email: ir@pierermobility.com
Website: www.pierermobility.com



22.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this